Legora has raised $80 million in Series B funding, pushing its valuation to $675 million less than two years after launch.
The legal AI startup says it now serves over 250 customers globally, including top firms like Cleary, Goodwin and Addleshaw Goddard.
Legora, the Stockholm-based legal tech startup formerly known as Leya, has raised $80 million in a Series B round, in a deal that pushes its valuation to $675 million just two years after launch.
The round, led by Silicon Valley VC firms ICONIQ and General Catalyst, adds to Legora’s growing war chest, pushing total funding to over $115 million. It's another vote of confidence in the booming legal tech sector and follows rapid adoption of Legora, which says the platform is already used by more than 250 customers in over 20 countries.
What they do
Legora pitches itself as a collaborative AI platform for lawyers, combining GenAI capabilities like Word-integrated drafting and summarisation with tools for legal research, transactional work and litigation workflows. In short: an all-in-one AI platform designed for the way lawyers actually work.
CEO and founder Max Junestrand - who took the startup through legendary tech accelerator Y Combinator - said: "We weren’t actively fundraising, but the strength of our growth, product and client partnerships naturally attracted this backing."
Big Law endorsement
With legal AI hype still swirling, Legora is showing real traction among law firms. The company says its AI has helped lawyers cut data room review times "from weeks to hours" and it counts several major firms as customers, including Cleary, Mishcon de Reya, Addleshaw Goddard, Goodwin and Bird & Bird.
Commenting on the raise, Mary O’Carroll, Goodwin’s COO, said: "Legora represents exactly the kind of strategic technology investment that keeps Goodwin at the forefront of legal excellence", adding "We've been very pleased with the initial results we have seen since partnering with them".
What’s next
Already well embedded in the UK and Europe, Legora has grown to 100 employees and recently opened an office in New York, signalling a serious push into the US - now a key battleground for well-funded legal tech startups.
Slaughters-backed Luminance raised $75 million in February, with CEO Eleanor Lightbody saying the new money was about "supercharging" the company's US growth.
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